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$1,350,000

30 acres Refuge Road, Sherman, TX, 75092

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

This exceptional 30-acre investment tract sits on Refuge Road near Hagerman Wildlife Refuge, offering approximately 1,750 feet of road frontage along Refuge Road and Terry Lane. Ideally located just 1.2 miles from the proposed North Dallas Tollway extension, the property is positioned for significant future growth and accessibility. The land features mostly flat terrain, a large, stocked pond perfect for fishing and relaxing, and a wooded area at the back that provides outstanding hunting opportunities. There is roughly 20-30 feet of elevation change at the back as well that would allow for great views of the Hagerman Valley. Located within the highly rated Pottsboro Independent School District and fully outside of any floodplain. This property checks all boxes. Great for homestead, ranch,recreational use, or long-term holding. Its location places it just minutes from several Lake Texoma marinas, Sherman, Denison, and within a short drive of the DFW Metroplex. Entertainment is also close by, with several casinos less than 45 minutes away. With major economic investments underway in Sherman—including Texas Instruments’ multi-billion-dollar expansion and GlobiTech’s $5 billion semiconductor facility—this tract is ideally situated in a booming region poised for continued growth.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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30 acres Refuge Road | Property Details | No Agent List